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    5456 Kester Avenue

    Sherman Oaks, CA 91411
    • $1,239,500
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • ID#: SR21093156
    Under Contract
    UPDATED: 46 min ago
    $1,239,500
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,365
      SQFT
    • $524
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    This amazing legal duplex; two homes on a large 6,000 sq ft lot with almost 2,400 sq ft of living space. High Income property with over $70,700. in annual rental income. This is a 17.5 GRM, Cap rate of 4.6, good for the Sherman Oaks area. 5454 & 5456 Kester ave. Located in prime neighborhood of Sherman Oaks within walking distance to sought after and highly-rated Kester ave Elementary School and close to Ventura blvd and all it offers. Outstanding investment with solid rental income, perfect for turn-key investment or live in one house and have second house pay your mortgage, or a family compound with an in-law unit. Main house is fully remodeled and has 3 bedrooms and 2 bathrooms. House has in ground spa, living room with fireplace plus newer kitchen, soft close cabinets, quartz countertops, & stainless steel appliances, central HVAC, plus nest, hardwood floors, recessed lights, and 2 car garage with alley access. You will enjoy the large private landscaped yard with spa! Perfect for gardening, children playing, or entertaining family and friends. Second home located in front with 2 bedrooms and one bathroom with own separate laundry in-unit washer and dryer. Property qualifies for owner occupied or investment financing. Please do not disturb tenants.

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    Based on information from CRISNet MLS as of 2021-06-13T06:56:09.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-13T06:56:09.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/116929251
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    5456 Kester Avenue Sherman Oaks, CA 91411

    • Price: $1,239,500
    • Status: Active Under Contract
    • Updated: 46 min ago
    • ID#: SR21093156
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,365
    SQFT
    $524
    $/SQFT
    1949
    Built
    Neighborhood:
    So - Sherman Oaks
    County:
    Los Angeles
    Area:
    So - Sherman Oaks
    Property Description
    This amazing legal duplex; two homes on a large 6,000 sq ft lot with almost 2,400 sq ft of living space. High Income property with over $70,700. in annual rental income. This is a 17.5 GRM, Cap rate of 4.6, good for the Sherman Oaks area. 5454 & 5456 Kester ave. Located in prime neighborhood of Sherman Oaks within walking distance to sought after and highly-rated Kester ave Elementary School and close to Ventura blvd and all it offers. Outstanding investment with solid rental income, perfect for turn-key investment or live in one house and have second house pay your mortgage, or a family compound with an in-law unit. Main house is fully remodeled and has 3 bedrooms and 2 bathrooms. House has in ground spa, living room with fireplace plus newer kitchen, soft close cabinets, quartz countertops, & stainless steel appliances, central HVAC, plus nest, hardwood floors, recessed lights, and 2 car garage with alley access. You will enjoy the large private landscaped yard with spa! Perfect for gardening, children playing, or entertaining family and friends. Second home located in front with 2 bedrooms and one bathroom with own separate laundry in-unit washer and dryer. Property qualifies for owner occupied or investment financing. Please do not disturb tenants.
    Exterior Features

    Architectural Style Ranch Construction Materials Drywall WallsStucco Fence YN Yes Fencing Good ConditionPrivacyVinyl Foundation Details Slab Levels One Lot Features 0-1 Unit/Acre Lot Size Area 6000.0000 Parking Total 2.00 Road Frontage Type Alley Road Surface Type Paved Roof Shingle View None View YN No

    Interior Features

    Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring LaminateTileWood Interior Features Recessed Lighting Laundry Features Gas Dryer HookupIn KitchenWasher Hookup Laundry YN Yes Room Type LaundryLiving RoomMain Floor BedroomMain Floor Master Bedroom Window Features Blinds

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Association Fee 0.00 Association YN No Community Features CurbsSidewalks Electric Expense 0.00 Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 70740.00 Gross Scheduled Income 70740.00 Insurance Expense 1150.00 Land Lease YN No Net Operating Income 57000.00 New Construction YN No New Taxes Expense 13500.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 7150.00 Pool Features None Pool Private YN No Professional Management Expense 3000.00 Property Attached YN Yes Rent Control YN Yes Senior Community YN No Sewer Public Sewer Spa Features Private Spa YN Yes Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasSee Remarks Total Expenses 20650.00 Trash Expense 600.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 1200.00 Water Source Public Zoning Lard2

    Listing provided courtesy of Rachael Hughel, CA DRE# , of Re/Max One.


    Based on information from CRISNet MLS as of 2021-06-13T06:56:09.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-13T06:56:09.703. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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